How many pips you make per week?

[iMusingKiMi]

Sounds like a solid plan.

Thanks and so far it works very well for me. But still, patience are very important role in my plan. Otherwise, I will easily give back those hard earn pips. As usual, best setup are extremely rare.

 

[iMusingKiMi]

Yes, you're right. It's not easy to gain 100-200 pips weekly because it means 20-40 pips daily profit as target. Maybe it looks few pips only to gain 20 pips in a day but it is not easy to gain 20 pips daily in trading especially for newbie trading. It is right that you could experience bad weeks and you couldn't reach the target but it's okay as long as you don't lose much too.

Absolutely yes. I believe a lot of people hope and always target even 500-1000 per weeks (Zulu is a good example) no matter newbie or so called signal provider. But is that the fact can be done in trading? Not sure, but I believe even 50 pips per week consistently per week can earn good money.

 

[Pepen_supendi]

Absolutely yes. I believe a lot of people hope and always target even 500-1000 per weeks (Zulu is a good example) no matter newbie or so called signal provider. But is that the fact can be done in trading? Not sure, but I believe even 50 pips per week consistently per week can earn good money.

50-75 pips in a week is the recent target for my trading and I always suffer 10-15 pips losses. But it's an ok for me, a constant pips in a week gives me a constant income. We humans have greedy passions and it's okay. As long as we are able to control that greed, we could improve our weekly target without any reckless steps.

 

[Froso@FXNET]

50-75 pips in a week is the recent target for my trading and I always suffer 10-15 pips losses. But it's an ok for me, a constant pips in a week gives me a constant income. We humans have greedy passions and it's okay. As long as we are able to control that greed, we could improve our weekly target without any reckless steps.

Therefore you should be able to control greed, bro. So they can get the maximum profit. Target per week can be achieved easily.

 

[WatanFX-Rep]

50-75 pips in a week is the recent target for my trading and I always suffer 10-15 pips losses. But it's an ok for me, a constant pips in a week gives me a constant income. We humans have greedy passions and it's okay. As long as we are able to control that greed, we could improve our weekly target without any reckless steps.

Keeping your losses to 10 to 15 pips in a variable execution environment in unbelievable.

I am not saying you are mis-representing facts, but it is really not possible, unless your market maker really always executes with a 1 to 2 pip spread without any slippage.

In a real environment, and even in an ecn structure, "just the slippage" can be 10 to 15 pips during normal hours.

In any case, brilliant work either way.

 

[EuroTrader]

Keeping your losses to 10 to 15 pips in a variable execution environment in unbelievable.

I am not saying you are mis-representing facts, but it is really not possible, unless your market maker really always executes with a 1 to 2 pip spread without any slippage.

In a real environment, and even in an ecn structure, "just the slippage" can be 10 to 15 pips during normal hours.

In any case, brilliant work either way.

If we to learn how we can control our losses then a time will come when our income will start to increase and we will be able to make some good profits also

 

[nahiyar]

As our skill is improved we do less mistakes and loose less money in trading .TO recover loss is a challenge for traders. It should be plan before. Not try to recover in just one jump it will be a double trouble for you . Becalm and disciplined with next trading.

 

[SnakenSnack]

I agree this especially trading with correlated. But when trading in correlated pairing, it just means you double the risk as well, for instance trading a BUY on EUR/USD and SELL on USD/JPY. Does it make sense to sensible trading, or should I describe as gambling in this way of risk taking trading?

U mean like this...? This 3 enter at the same time... but the pips is diff from each other..

 

[iMusingKiMi]

Keeping your losses to 10 to 15 pips in a variable execution environment in unbelievable.

I am not saying you are mis-representing facts, but it is really not possible, unless your market maker really always executes with a 1 to 2 pip spread without any slippage.

In a real environment, and even in an ecn structure, "just the slippage" can be 10 to 15 pips during normal hours.

In any case, brilliant work either way.

I am not sure what you mean by "just the slippage" can be 10 to 15 pips in normal hours, if news with high volatility probably yes.. Probably you are taking 5 digits and the last digit consider as 1 pip. My entry usually won't go against 8 pips and my stop loss actually seldom more than 15 pips. So keeping losses 10 to 15 pips are consider very healthy to me and it works as well.

 

[iMusingKiMi]

U mean like this...? This 3 enter at the same time... but the pips is diff from each other..

Absolutely yes. You are selling 3 EUR against 3 currencies, and if you read correctly and found AUD are the strongest on it own, you should only open EUR/AUD. Another scenario is we all know that EUR and USD are the biggest rival. If we know EUR is weak enough, sell only EUR/USD will give you enough profit. This is a profit scenario, if let's say you are wrong on this, you might suffer a big loss on EUR/GBP which means you have wrong reading that Cable were strong enough to beat the EUR.